Beijing and Moscow have announced their intention to boost ties between the BRICS nations—a five-member alliance that includes their countries plus India, Brazil, and South Africa. China is seeking to promote financial and fiscal cooperation within the alliance, Chinese Minister of Finance Liu Kun said at the First BRICS Finance Ministers and Central Bank Governors…
US Responsible for Ukraine Crisis: Chinese State Media
China publicly announced support for Russia’s invasion of Ukraine last week, following the arrival of Russian Foreign Minister Sergei Lavrov in China, and openly called the United States the “initiator” of the Ukraine crisis. Lavrov arrived in Huangshan City, Anhui Province, on March 30 for a two-day meeting, presided over by China’s foreign minister Wang…
Sino-Russian Foreign Ministers Meet to Expand Cooperation, CCP Media Intensely Publishes Anti-US Articles
Russian Foreign Minister Sergei Lavrov arrived in China’s Huangshan City, Anhui Province, on March 30 to attend the Third Foreign Ministers’ Meeting on the Afghan Issue. He also held talks with China’s State Councilor and Foreign Minister Wang Yi. Before Lavrov’s visit, the Chinese Communist Party’s (CCP) official media published intensive anti-American propaganda claiming that the…
Under Pressure of Sanctions, China’s Sinopec Halts Investment in Russia
April 4, 2022
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Business & EconomyChinaChina Business & Economychina-russia relationsChinese RegimeEurope-China RelationsInternational RelationsMarketsRussia-Ukraine
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Bejing has openly opposed the West-led economic sanctions on Russia while insisting it would maintain normal trade exchanges with the country despite its invasion of Ukraine. However, Chinese authorities have recently urged state-run companies to be cautious about their investment in Russia, due to fears it may also be subjected to similar sanctions. Quoting insiders,…
Russian-Ukraine War Hurts Global Economy, CCP to Lose More In Long Run: Strategist
March 27, 2022
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ChinaChina Business & Economychina-russia relationsEuropeInternationalInternational RelationsOil pricePolicies & ImpactsRussia-UkraineRussia-Ukraine WarUSUS-China relationsWorld
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The Russian-Ukrainian war has caused both Russia and Ukraine to suffer, and the global economy has also been dealt a heavy blow. However, some countries have benefited more than others from the war. Mike Sun, a North American investment strategist and China expert, stated that resource-based economies, such as Canada and Australia, have benefited relative…
Russian-Ukraine War Hurts Global Economy, CCP to Lose More In Long Run: Analyst
March 27, 2022
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ChinaChina Business & Economychina-russia relationsEuropeInternationalInternational RelationsOil pricePolicies & ImpactsRussia-UkraineRussia-Ukraine WarUSUS-China relationsWorld
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The Russian-Ukrainian war has caused both Russia and Ukraine to suffer, and the global economy has also been dealt a heavy blow. However, some countries have benefited more than others from the war. Mike Sun, a North American investment strategist and China expert, stated that resource-based economies, such as Canada and Australia, have benefited relative…
Chinese Ambassador to Russia Calls on Small and Medium-Sized Chinese Enterprises to Seize Russian market
As international companies are withdrawing from Russia, the Chinese ambassador to Russia openly encourages small and medium-sized Chinese companies to fill the gaps in the Russian market. According to a recent news release from the Russian Confucius Culture Promotion Association on its WeChat account, Zhang Hanhui, Chinese ambassador to Russia, convened a meeting in Moscow…
Beijing Praises Russia’s Military, Exposes Its Own Weaknesses
The U.S. Department of Defense’s recent summary of the Russia-Ukraine war shows that the United States knows the situation well and has been sharing intelligence with Ukraine. Meanwhile, the Chinese Communist Party (CCP) continues to praise the Russian military as powerful and well-armed. Experts say that the Russian army so far has lost both psychologically…
US–China Talks Collapse in Rome Contributes to a Global Chinese Capital Sell-Off
March 20, 2022
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Business & EconomyChinaChina Business & Economychina-russia relationseconomic policieseconomyInvestmentMarketsUS-China relations
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Talks between China and the United States broke down in Rome, Italy triggered a wave of Chinese capital sell-offs. U.S. national security adviser Jake Sullivan and Yang Jiechi, a member of the Politburo of the Chinese Communist Party (CCP) Central Committee, met for seven hours on March 14 in Rome. U.S. officials are deeply concerned…
Experts Analyze Impetus Behind Chinese Buying Out Russian Goods Online
March 15, 2022
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ChinaChina Business & Economychina-russia relationsChina-Russia tradeChinese RegimeEuropeRussia-Ukraine WarsanctionsWorld
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Russian goods on Chinese e-commerce platforms have recently been sold out after a flurry of buying by Chinese netizens, so much so that a Russian delegate personally came forward to call on them to consume rationally. Analysts believe that this approach will not help the economy of Russia amid Western sanctions. Recently, many Chinese netizens…
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